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Havila Shipping ASA (HAVI.OL)

NOK1.12 +0.01 (+0.91%)
NO OSL Industrials Marine Shipping
Address PO Box 215 6099
Fosnavåg, NO
CEO Njal Saevik
IPO 2005-05-24
ISIN NO0010257728

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Description

Havila Shipping ASA operates within the maritime sector, specializing in the management and deployment of offshore service vessels. The company maintains a significant operational presence across key regions including Norway, the United Kingdom, Denmark, Belgium, the Netherlands, Iceland, and the Republic of Chile. Its diverse fleet comprises 22 specialized vessels: 5 anchor handling tug and supply (AHTS) vessels, 13 platform supply vessels (PSVs), 1 rescue recovery vessel, and 3 subsea vessels. The AHTS vessels are instrumental in facilitating rig relocation, anchor deployment, and providing essential logistical support. PSVs are primarily responsible for transporting vital cargo such as goods, water, drilling fluids, and various chemicals between onshore bases and offshore installations. Subsea vessels are utilized for underwater construction projects and to provide crucial support for complex subsea operations. Additionally, its rescue recovery vessel delivers critical safety and emergency services, encompassing oil spill preparedness, fire protection, emergency response, and recovery operations at offshore oil facilities. Established in 2003, Havila Shipping ASA is headquartered in Fosnavåg, Norway, and operates as a subsidiary of Havila Holding AS.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
NOK1.12 +0.01 (+0.91%)
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Volume Profile
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Liquidity & share structure
Average Volume
235.9K
Beta
0.39
Float Shares
134.94M
Free Float %
49.0%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+5.63% +2.52% +7.96% +7.96% +2.52% +48.78% -15.86% -91.76% -55.47% -95.20% -99.79%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
1.12
DCF (Unlevered) 6.23 +459.0%
DCF (Levered) 4.77 +327.8%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM)
Rating 2024-11 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
-0.79
Distress
Piotroski F-Score
3 / 9
Average
MOAT Score
2 / 10
No MOAT
Composite Rating
C+
Overall Score
2 / 5
Medium
DCF Score
4 / 5
High
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Marine Shipping: +2.8%
    +11.8% Q1'26: -30.5% (vs Q1'25)
  • EPS growth Marine Shipping: -1.4%
    +9.9% Q1'26: -618.3% (vs Q1'25)
  • FCF margin FCF growth · Marine Shipping: +26.4%
    +18.5% Q1'26: -11.1% (vs Q1'25)
  • EBIT margin Marine Shipping: +23.2%
    +16.5% Q1'26: -25.2% (vs Q1'25)
  • ROIC Marine Shipping: +6.9%
    +8.6% Q1'26: -10.1% (vs Q1'25)
  • Share dilution Marine Shipping: +0.0%
    -2.4% Q1'26: -51.9% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Marine Shipping: 1.05×
    3.47× Q1'26: 8.28× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.38) × ERP
WACC = 40% × Ke + 60% × Kd (6.4%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 6.23 Current price: 1.12
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2005
actual
Dec 2006
actual
Dec 2007
actual
Dec 2008
actual
Dec 2009
actual
Dec 2010
actual
Dec 2011
actual
Dec 2012
actual
Dec 2013
actual
Dec 2014
actual
Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Revenue
500.60M
est: 501.41M (-0.2%)
668.44M
est: 657.31M (+1.7%)
527.87M
est: 532.81M (-0.9%)
810.64M
est: 778.39M (+4.1%)
901.21M
est: 891.37M (+1.1%)
1.03B
est: 1.15B (-10.0%)
1.28B
est: 1.31B (-2.6%)
1.33B
est: 1.42B (-6.5%)
1.44B
est: 1.48B (-3.0%)
1.70B
est: 1.72B (-1.0%)
1.54B
est: 1.59B (-3.0%)
1.06B
est: 1.12B (-5.3%)
571.60M
est: 704.00M (-18.8%)
568.62M
est: 617.00M (-7.8%)
708.35M
est: 801.00M (-11.6%)
663.68M
est: 951.00M (-30.2%)
EBITDA
223.99M
est: 233.93M (-4.2%)
514.64M
est: 245.67M (+109.5%)
497.28M
est: 329.02M (+51.1%)
806.04M
est: 495.90M (+62.5%)
888.87M
est: -32.79M (+2,810.4%)
481.27M
est: 534.31M (-9.9%)
451.79M
est: -144.29M (+413.1%)
561.79M
est: -274.50M (+304.7%)
665.02M
est: -236.24M (+381.5%)
670.82M
est: -124.36M (+639.4%)
-858.47M
est: -192.42M (-346.1%)
-495.68M
est: -1.31B (+62.0%)
1.30B
est: -1.06B (+223.6%)
-577.82M
est: 287.86M (-300.7%)
228.39M
est: 373.71M (-38.9%)
1.54B
est: 443.69M (+246.9%)
EBIT
158.55M
est: 119.90M (+32.2%)
421.09M
est: 267.17M (+57.6%)
416.75M
est: 294.65M (+41.4%)
707.62M
est: 580.72M (+21.9%)
756.65M
est: 733.03M (+3.2%)
300.98M
est: 405.36M (-25.7%)
243.64M
est: 378.74M (-35.7%)
400.72M
est: 316.36M (+26.7%)
477.30M
est: 448.47M (+6.4%)
402.13M
est: 592.73M (-32.2%)
-1.19B
est: 551.95M (-314.8%)
-878.82M
est: -742.10M (-18.4%)
977.18M
est: -628.33M (+255.5%)
-957.01M
est: 147.54M (-748.6%)
-95.07M
est: 191.54M (-149.6%)
1.31B
est: 227.41M (+475.4%)
Net Income
149.42M
est: 94.53B (-99.8%)
295.37M
est: 195.85M (+50.8%)
234.94M
est: 239.45M (-1.9%)
306.83M
est: 343.52M (-10.7%)
537.27M
est: 338.69M (+58.6%)
-9.02M
est: 690.45M (-101.3%)
-126.46M
est: -7.78M (-1,525.0%)
207.0K
est: -150.97M (+100.1%)
13.48M
est: 207.9K (+6,384.9%)
3.59M
est: 15.65M (-77.0%)
-1.53B
est: 3.38M (-45,209.7%)
-1.20B
est: -1.17B (-2.6%)
774.63M
est: -1.01B (+176.5%)
-1.14B
est: 662.15M (-272.2%)
-320.60M
est: -6.90B (+95.4%)
1.22B
est: -2.89B (+142.0%)
SGA
11.78M
est: 7.96M (+48.0%)
10.54M
est: 212.63M (-95.0%)
5.76M
est: 150.53M (-96.2%)
343.25M
est: 199.18M (+72.3%)
410.53M
est: 212.77M (+92.9%)
620.79M
est: 450.84M (+37.7%)
est: 560.17M (-100.0%)
19.16M
est: 716.78M (-97.3%)
30.05M
est: 635.66M (-95.3%)
28.93M
est: 586.24M (-95.1%)
26.03M
est: 488.43M (-94.7%)
20.78M
est: 441.96M (-95.3%)
15.75M
est: 357.10M (-95.6%)
5.85M
est: 9.79M (-40.3%)
5.33M
est: 12.71M (-58.1%)
9.79M
est: 15.10M (-35.1%)
EPS
156.41
est: 165.34 (-5.4%)
268.69
est: 257.28 (+4.4%)
199.28
est: 213.25 (-6.6%)
259.33
est: 189.13 (+37.1%)
470.07
est: 144.51 (+225.3%)
-7.89
est: 79.40 (-109.9%)
-95.95
est: -124.93 (+23.2%)
0.14
est: 9.63 (-98.5%)
6.28
est: 70.91 (-91.1%)
1.68
est: 122.77 (-98.6%)
-706.43
est: 40.79 (-1,831.8%)
-556.35
est: -252.48 (-120.4%)
53.16
est: -23.18 (+329.3%)
-51.87
est: -1.61 (-3,121.7%)
-13.48
est: -12.06 (-11.8%)
51.11
est: -5.06 (+1,110.1%)
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-05-28 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-05-27 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-05-26 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-05-22 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-05-21 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-05-20 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-05-19 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-05-18 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-05-15 B+ 3/5 5/5 2/5 3/5 1/5 3/5 5/5
2026-05-13 B+ 3/5 5/5 2/5 3/5 1/5 3/5 5/5
2026-05-12 B+ 3/5 5/5 2/5 3/5 1/5 3/5 5/5
2026-05-11 B+ 3/5 5/5 2/5 3/5 1/5 3/5 5/5
2026-05-08 B+ 3/5 5/5 2/5 3/5 1/5 3/5 5/5
2026-05-07 B+ 3/5 5/5 2/5 3/5 1/5 3/5 5/5
2026-05-06 B+ 3/5 5/5 2/5 3/5 1/5 3/5 5/5
2026-05-05 B+ 3/5 5/5 2/5 3/5 1/5 3/5 5/5
2026-05-04 B+ 3/5 5/5 2/5 3/5 1/5 3/5 5/5
2026-04-30 B+ 3/5 5/5 2/5 3/5 1/5 3/5 5/5
2026-04-29 B+ 3/5 5/5 2/5 3/5 1/5 3/5 5/5
2026-04-28 B+ 3/5 5/5 2/5 3/5 1/5 3/5 5/5
2026-04-27 A- 4/5 5/5 2/5 4/5 1/5 3/5 5/5
2026-04-24 A- 4/5 5/5 2/5 4/5 1/5 3/5 5/5
2026-04-23 A- 4/5 5/5 2/5 4/5 1/5 3/5 5/5
2026-04-22 A- 4/5 5/5 2/5 4/5 1/5 3/5 5/5
2026-04-21 A- 4/5 5/5 2/5 4/5 1/5 3/5 5/5
2026-04-20 A- 4/5 5/5 2/5 4/5 1/5 3/5 5/5
2026-04-17 A- 4/5 5/5 2/5 4/5 1/5 3/5 5/5
2026-04-16 A- 4/5 5/5 2/5 4/5 1/5 3/5 5/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-27.55M
OE per share TTM
-0.38
Owner's Yield
-8.21%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
239.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
242.7K
Shares Outstanding
275.17M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Njal Saevik Chief Executive Officer 2M male
Arne Johan Dale Chief Financial Officer male
Runar Smadal Human Resource Director male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits